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Eritrea GDP Deflator

Inflation as measured by annual growth rate of GDP implicit deflator  NY.GDP.DEFL.KD.ZG

Eritrea's gdp deflator was 19.54% in 2011, ranked 192nd globally. This represents a 220.4% increase from 2010. Data from World Bank, covering 1993–2011.

19.54% +35.77pp (+220.4%)
Year 2011 Rank #192 Global Peak 29.50% (2009) Source World Bank

Eritrea GDP Deflator (1993–2011)

Overview

Eritrea's gdp deflator stood at 19.54% in 2011, a rise of +35.77pp from 2010. Eritrea ranked 192nd globally.

Eritrea’s GDP deflator, a measure of price level changes across the economy, has shown pronounced volatility over the 19‑year series from 1993 to 2011. After a modest negative reading of –1.38 % in the earliest year, the index surged to its all‑time peak of 29.50 % in 2009, indicating a sharp inflationary episode, before plunging to a trough of –16.23 % in 2010, a rare deflationary spell. By 2011 the deflator stood at 19.54 %, placing Eritrea 192nd in the World Bank ranking and roughly in line with Qatar’s 19.70 % reading for the same period, while trailing Yemen’s 18.11 % and Brunei Darussalam’s 20.18 %. The swing from a 29.50 % peak to a –16.23 % trough within a single year underscores the economy’s sensitivity to external shocks and fiscal imbalances. If monetary policy stabilises and supply‑side constraints ease, the deflator is likely to settle at a more moderate pace, reducing the risk of extreme inflation or deflation in the coming years.

Data & projection

Year GDP Deflator YoY change Rank
2011 19.54% +35.77pp #192
2010 -16.23% −45.73pp #1
2009 29.50% +13.43pp #205
2008 16.08% +8.79pp #163
2007 7.29% −4.11pp #125
2006 11.39% +3.77pp #161
2005 7.62% −17.18pp #131
2004 24.80% +2.93pp #200
2003 21.87% +5.72pp #193
2002 16.15% +1.07pp #179
2001 15.08% −9.90pp #179
2000 24.98% +22.66pp #171
1999 2.32% −6.79pp #67
1998 9.11% +5.21pp #144
1997 3.90% −5.18pp #93
Show all years (1993-2011)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +17.6% GDP growth 3.8% C/A balance 13.0%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Eritrea matched the Export Boom Cycle pattern in 2019. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp deflator improve within 24 months. View full analysis →

Frequently Asked Questions

What is Eritrea's gdp deflator?▾

Eritrea's gdp deflator was 19.54% in 2011. Ranked 192nd globally. This represents a 220.4% increase from the previous year.

What was the highest gdp deflator in Eritrea?▾

Eritrea's gdp deflator peaked at 29.50% in 2009.

What was the lowest gdp deflator in Eritrea?▾

The lowest gdp deflator in Eritrea was -16.23% in 2010.

How does Eritrea rank in gdp deflator?▾

Eritrea ranks 192nd globally in gdp deflator as of 2011.

What is the World Bank indicator code for gdp deflator?▾

The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.

What is the gdp deflator of Eritrea in 2011?▾

The gdp deflator of Eritrea in 2011 was 19.54%. This ranks 192nd in the world.

Cite this page

APA
Eritrea GDP Deflator. HistorySaid. Retrieved October 25, 2026, from https://historysaid.com/eritrea/gdp-deflator/
BibTeX
@misc{historysaid_eritrea_gdp-deflator, title = {Eritrea GDP Deflator}, url = {https://historysaid.com/eritrea/gdp-deflator/}, publisher = {HistorySaid}, year = {2026} }
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